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Bullboard - Stock Discussion Forum Kolibri Global Energy Inc T.KEI

Alternate Symbol(s):  KGEI

Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. The Company, through various subsidiaries, owns and operates energy properties in the United States. The Company utilizes its technical and operational expertise to identify and acquire additional projects in oil, gas and clean and sustainable energy. The Company... see more

TSX:KEI - Post Discussion

Kolibri Global Energy Inc > Oil Prices - Crystal Ball?
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Post by toppgunn on Nov 16, 2023 7:32pm

Oil Prices - Crystal Ball?

OIl prices will have the biggest factor on KEI's direction, and will follow the group.  Oil - BNN Bloomberg   The oil sector has been flat or down the last quarter and/or year.  That said, almost all sector stocks have been down this year, apart from some that form a smaller percentage which have trended up. Historically, October is the worst month for stocks and November normally shows advancement.  However, not the case this year yet.  Usually good time for picking away at beat up good quality stocks.   

KEI is a 2024 or 2025 story but all dependant on economy and oil prices advancing in price.  Still holding and cautiously optimistic.  If oil trends above $80 expect KEI to start doing well.  I did like the QTR report released recently.   

On a side note, no one can predict the future accurately but one can take educated or logical analysis for best trend going forward.
Comment by Carbonbull on Nov 18, 2023 1:50pm
Toppgunn , there was a different tone to KEI during the oil meltdown , in the past the tree would have been shaken hard , there was not a point i was tempted to add. Friday price action i beleive is an indication of good well results coming , paticularily on the T zone well .  See prior posts on the importance of this to reserves.  On another note those that follow my posts know that i ...more  
Comment by Carbonbull on Nov 19, 2023 7:27am
sorry   ev = market cap + debt - cash .
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